Exide Industries: Flag and pole Pattern

May 14

Exide industries is forming a Flag and Pole Pattern and consolidating. If it breaks, Entry ~ 486 (Candle Close), Target 1: 540-550, Target 2: 575-585 and Target 3: 620-630, SL: 429
Positional Trade: Long period

Disclaimer: Study only for Educational Purpose.

Remember: My Money, My Risk, My Reward, My Responsibility.

Please Consult SEBI registered Financial Advisor for any Financial Advice/ Decision.

May 28

Note

Exide Trade: 27/5/24, candle closed ~494, trade is ON.

May 29

Note

Exide Trade: 28/5/24, made a high of ~517.

Jun 12

Note

Exide Industries (11/6/24), made a high of ~540, 1st target done. Move your stop loss to cost for balance quantity.

Jun 21

Note

Exide Industries (20/6/24), made a high of ~576, achieved 2nd target of 575-585. Move your Stop Loss to 520 above buying price of 486.

Jun 26

Trade closed: target reached

Exide Industries (25/6/24): made a high of ~620, achieved final target of 620-630. Trade is closed. Trade initiated on 28th May 2024 and closed on 25th Jun 2024